# PPP loan: M&M PROPERTIES INC
> **$425K** approved 04/14/2020 · Paid in Full · Loan `5875617104`
## Borrower
- **Name:** M&M PROPERTIES INC
- **Address:** 400 sw SOUTH AVE, BLUE SPRINGS, MO, 64014-3040
- **NAICS:** 238320
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $425K
- **Initial approval:** $425K
- **Forgiven:** $429K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $378K
- **Rent:** $18K
- **Utilities:** $18K
- **Debt interest:** $12K
- **Jobs reported:** 45
## Lender
- **Originating:** The Central Trust Bank
- **Servicing:** The Central Trust Bank (MO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*